Dinesh_C_Nagpal

Hindalco

Long
NSE:HINDALCO   HINDALCO INDS
Hello & welcome to this analysis

In this chart we can see
a diagonal breakdown which bought the stock down to 380
where it went into form a bullish harmonic cypher
to be followed by a bullish RSI divergence

It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.

Good set up for momentum at the moment.

Comment:
1st trgt done

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